News Release

Avolus announces Jet Card Europe in association with USA based partner Jets.com

Leading private aviation and seamless executive transport company Avolus today announces the launch of its new Jet Card Europe programme in partnership with leading American broker Jets.com. The new programme builds on the strong trans-Atlantic alliance which has helped the UK/US region increase turnover by over 100% in the first six months of 2011 compared to a similar period in 2010.

"We are proud of our developing relationship with Jets.com, America's leading private jet charter broker. Demand in the region is growing quickly, from both existing and new clients and this is the natural next step," said Founder and CEO Alexis Grabar.

Jet Card Europe, powered by Avolus

Jet Card Europe brings Jets.com's extremely successful American Jet Card to Europe. Avolus will operate the programme which offers highly competitive pricing for 25 or more hours of flight time for a single, up-front payment. Clients will have unlimited access to Avolus's extended fleet worldwide across 1,000 airports in Europe with fixed pricing and guaranteed availability. Jets.com will have the exclusive distribution rights in the US.

Jets.com President and Co-Founder Damian Klinger said of the programme, "Many of our American customers wanted to be able to fly in Europe with the same simple programme they have in the US. We've had hundreds of requests looking for the certainty and transparency a Jet Card offers. We chose to partner with Avolus because they have a proven record of reliability, safety, value and high quality standards."

Avolus continues expansion strategy

Jet Card Europe is the latest development for Avolus, who achieved record breaking sales for the UK/US region in the first half of 2011. Mr. Grabar commented, "We have already exceeded our total revenues for all of 2010, and that was a record year for the region. Jet Card Europe is a natural extension of our on demand charter offering and we expect to further build on our momentum." This partnership between Avolus and Jets.com aims to expand charter business worldwide for the two companies and also develop Avolus Aircraft Sales & Acquisitions transactions between the EU and USA.